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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Industrial properties
5200 Oster Rd Sheffield Village, OH 44054-1569
Entity Owned
10-yr Hold
Free & Clear
Property ID
US66-0163790
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Total area
38,160 SF
Lot
20.38 ac (887,753 SF)
APN
03-00-019-000-036
UPID
US66-0163790
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.08M
Owner & transaction history
M & S Ohio LLC · 10 yrs held
M & S Ohio LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+55.1%
Office building
$3.3M
+49.8%
Auto repair, garage
$3.1M
+43.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sheffield Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,405,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,195,000
Current use
RESTAURANT
$3,405,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$3,290,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,140,000
Change: +43% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,945,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$2,360,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,905
Tax year 2023
Assessed value
$854,410
Assessed 2023
Previous assessed
$854,420
0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$204,575
Assessed improvement
$649,835
Land market value
$584,500
Improvement market value
$1,856,670
Total market value
$2,441,170
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Units
1
Total area
38,160 SF
Lot
20.38 ac (887,753 SF)
APN
03-00-019-000-036
UPID
US66-0163790
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
RETAIL STORES
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Units
1
Lot
20.38 ac
Current owner
From public records · entity-resolved
M & S Ohio LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 23229, LOUISVILLE, KY 40223-0229
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2016
$2,450,000
M & S Ohio LLC
Adsco Corp
Grant Deed
—
Oct 1, 2014
$1,700,000
Adsco Corp
Oster Modification Center LLC
Grant Deed
—
Feb 18, 2009
$2,440,000
Oster Modification Center LLC
Adsco Corp
Grant Deed
—
Mar 17, 2006
$2,315,000
Adsco Corp
Gldaem Ltd
Warranty Deed
—
Nov 30, 2004
—
Gldaem Ltd
Great Lakes Dev Ltd
Grant Deed
$1,725,000 · Fifth Third Bank
May 7, 2004
$1,600,000
Oldcastle Apg Midwest INC
Great Lakes Dev Ltd
Grant Deed
—
May 7, 2004
—
Great Lakes Development Ltd
Nissan North American INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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